Da Nang cooperates with Vingroup to promote green transformation and sustainable development

Leaders of Da Nang and Vingroup, on Tuesday, signed a Memorandum of Understanding on cooperation on green transformation and sustainable development for the 2025-2030 period. Photo: TRONG HUNG

The signing ceremony was attended by Standing Deputy Secretary of the Da Nang Party Committee Nguyen Dinh Vinh, Chairman of the municipal People’s Committee Le Trung Chinh, Standing Vice Chairman of the municipal People’s Committee Ho Ky Minh, and representatives of Vingroup and relevant departments and agencies in the city.

Under the agreement, the two sides will cooperate in many important areas, including green tourism, green transportation and green lifestyle. In particular, Da Nang and Vingroup will jointly launch the movement “Fierce Vietnamese Spirit – For a Green Future” to encourage the use of electric vehicles, including electric taxis and electric buses.

The two sides will study and develop the Da Nang – Hue electric bus route, contributing to improving the experience for both locals and tourists. At the same time, they will implement a plan to use electric buses in the inner city, in accordance with actual conditions and the green energy conversion roadmap according to Decision No. 876/QD-TTg of the Prime Minister.

The city will also create conditions for Vingroup to develop the SM Green electric taxi service to reduce greenhouse gas emissions and promote the green transport transition according to Decision No. 1957/QD-UBND of the People’s Committee.

In addition, the municipal People’s Committee will study and support the planning and arrangement of locations for installing electric charging stations for Vingroup, and propose a mechanism to support the development of charging station infrastructure in the city.

The two sides will together develop a carbon credit project from electric vehicles and charging stations in order to register on international exchanges and transfer carbon credits when eligible.

In addition to the field of green transportation, the two sides will also cooperate in research and development of green, smart urban areas, as well as social housing projects in Lang Van and other areas.

They will jointly seek mechanisms and policies for the development of free trade zones and financial centres, and consider the possibility of cooperation in technology research and development, investment in projects on semiconductors, artificial intelligence, as well as training high-quality human resources in the field of science and technology.

Speaking at the signing ceremony, Chairman of the Da Nang People’s Committee Le Trung Chinh emphasised the significance of the signing of the cooperation agreement between the municipal People’s Committee and Vingroup in boosting the green transformation process in the city.

“With the potential, experience and multi-industry ecosystem of Vingroup, along with the determination of the city government, I believe that this cooperation will open up many new opportunities, making practical contributions to the sustainable development of Da Nang in the coming time” he noted.

Vice President of Vingroup cum President of VinFast Global Le Thi Thu Thuy affirmed “Today’s signing ceremony marked an important milestone to open a promising cooperation path between Da Nang and Vingroup. We want to accompany the city on its green transformation journey, creating a sustainable living environment and improving the quality of life for its people. This cooperation agreement is expected to accelerate the green transformation process in Da Nang, improve the quality of life of local people and move towards sustainable development for future generations”.

DA NANG Today